How much pocket money did you get as a child? And how much pocket money would you give to your child now?Think over! You need to Change with the Change, isn't it? However, like I mentioned in one of my articles in my Book 'Guardian of Angels', Morris Mandel from Jewish Press says, "Four Magic words : We can't afford it", should be a part of every child's education. A child who has never heard these words, or also has never been forced to abide by their meaning, has surely been cheated by his parents. As exercise strengthens the body, frugality strengthens the spirit. Without its occasional discipline, character suffers."
What every parent need to do is, 'Draw a line on How much pocket money to give to children' and the second thing to teach children is, 'How to manage money.' Those parents who fail to do so, often face stress and ultimately, kids also fall in the category as their demands keep rising and following a herd mentality is quite common we see in a tech age. Thus, it's Parent stress-Kids stress!
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